Latest
Pakistan's Sugar Sector Records Record Earnings in FY23
The sugar sector in Pakistan achieved a milestone with record earnings of Rs22 billion in the fiscal year 2023, marking a substantial 78% increase year-on-year. The surge in earnings is attributed to a rise in sugar prices, resulting in improved gross margins for the sector. The performance of ethanol, a by-product of sugar, also contributed to the sector's success in FY23. Ethanol experienced enhanced performance due to favorable selling prices in the international market, coupled with the devaluation of the Pakistani rupee. The robust financial results underscore the positive trends and profitability within Pakistan's sugar industry during the specified fiscal period.
About The Author
Zabitah is a digital space dedicated to fostering open dialogue, understanding, and progress in our ever-evolving society. Zabitah believes in the power of unbiased information, constructive conversations, and diverse perspectives to shape a better tomorrow.
You Might Also Like
-
The annals of theatre history are adorned with the grandeur of Roman performances, a cultural phenomenon that left an indelible mark on the ancient world. From the heart of Rome to the far reaches of the empire, the Romans elevated theatrical expression into a vibrant art form...
-
Navigating a heated debate with calmness and composure is an invaluable skill that not only promotes effective communication but also fosters mutual understanding. Here are some strategies to remain calm in the midst of a passionate and intense discussion: 1. Practice Activ...
Facebook Comments